Land Transfer Calculator

Every province in Canada has a different land transfer tax rate. Please use the calculator below to determine what your potential land transfer costs are when purchasing your home.

Mortgage Details

Location Details

Mortgage Summary

Estimated Payment

The following items show your expected payment schedule over the full amortization period.

$0

Monthly Payment

Principal & Interest
$0
Mortgage Insurance
$0

Mortgage details

Home Price
$500,000
Interest Rate
5%
Down Payment
$50,000 (10%)
Mortgage Term
5 Years
Total Loan Cost
$0
Amortization Period
25 Years
Loan Amount
$0
Payment Frequency
Monthly
Total Interest Cost
$0
No. of Payments
300
Payments Breakdown
YearTotal PaymentPrincipal PaidInterest PaidBalanceActions
2024$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00
2026$0.00$0.00$0.00$0.00
2027$0.00$0.00$0.00$0.00
2028$0.00$0.00$0.00$0.00
Term Total$0.00$0.00$0.00$0.00
The line above displays the totals at the end of your mortgage term. At this time, you will renew your mortgage and choose among the rates that are available. The following analysis assumes you will lock in the same rate for the remainder of the amortization period, which may not be possible.
2029$0.00$0.00$0.00$0.00
2030$0.00$0.00$0.00$0.00
2031$0.00$0.00$0.00$0.00
2032$0.00$0.00$0.00$0.00
2033$0.00$0.00$0.00$0.00
2034$0.00$0.00$0.00$0.00
2035$0.00$0.00$0.00$0.00
2036$0.00$0.00$0.00$0.00
2037$0.00$0.00$0.00$0.00
2038$0.00$0.00$0.00$0.00
2039$0.00$0.00$0.00$0.00
2040$0.00$0.00$0.00$0.00
2041$0.00$0.00$0.00$0.00
2042$0.00$0.00$0.00$0.00
2043$0.00$0.00$0.00$0.00
2044$0.00$0.00$0.00$0.00
2045$0.00$0.00$0.00$0.00
2046$0.00$0.00$0.00$0.00
2047$0.00$0.00$0.00$0.00
2048$0.00$0.00$0.00$0.00

Here’s how to use the land transfer tax calculator:

Enter the price of the home you are planning to purchase. Whether it’s your first home or investment property, the “Asking Price” refers to how much the home is.

Next, you will want to specify the city and province you live in under the “Location” section. This allows our land transfer tax calculator to determine what your local tax rates are as various regions in Canada are subject to (one or a combination of) Provincial and/or Municipal land transfer tax rates.

If you are a first-time home buyer, please select the checkbox next to the “I am a first-time home buyer” option in the calculator. Based on the city your home is in, you may be eligible for a one-time rebate on your land transfer tax which can help offset the tax burden.

Once you’ve determined what your potential land transfer tax amount is, you can take the next step by clicking on the Get Started button below, fill out your contact details and one of our dedicated 8Twelve Mortgage Agents will connect with you. Your dedicated mortgage strategist will try to see what your options are, or if you currently are in a mortgage program, what are some potential money saving opportunities.